Descriptor pages for multiple versions of a publication may be retrieved. Users should carefully check the version or date to match publications to their needs.
Document Identification
Title
IL-1120-ST Instructions (2005)
Access this Publication
Connect to the document
- IL-1120-ST Instructions (20070125183726_1120stin.pdf)
This document is one volume or edition of a serial (recurring) publication. Click here to access the entire series.
Description
Illinois Department of Revenue - Illinois Small Business Corporation Replacement Tax Return (includes Schedules B & NB) You must file Form IL-1120-ST if you are a small business corporation, as defined in Internal Revenue Code (IRC), Section 1361(a), that has net income or loss as defined under the Illinois Income Tax Act (IITA); or is qualified to do business in the state of Illinois and is required to file U.S. Form 1120S (regardless of net income or loss).
Subject Classification
- Forms: Tax forms
- Government finance and taxes: Government revenues: Taxes: Tax forms
- Laws and regulations: Tax laws
Sample text from the file
.Page of 8IL-1120-ST Instructions (R-12/05) Illinois Department of RevenueIL-1120-ST Instructions 2005 What's new for 2005? * Effective immediately, "business income" is defined to meanall income that may be apportioned without violating the Constitution of the United States. This new definition overrulesrecent court cases that had ruled that gain from disposition of an entire business or from property that previously had beenused in business is not business income. Also, if you reported income from an asset or activity as business income ina prior year, and report any income from that asset or activity as nonbusiness income on this return, you must add back allexpenses deducted in connection with that income in this year and in your two most recent tax years. See Specific Instructionsfor Part I, Line 2c, and Part III, Lines 2a and 7. * Effective for tax years ending on or after December 31, 2004,you may not deduct some interest or "intangible expenses" such as royalties and losses on
Issuing Agency
Illinois
Dept. of Revenue
Contact
Organization: Illinois Department of Revenue
PO BOX 19032
Springfield, IL 62794-9032
Phone: 800 732 8866
Document Descriptive Information
File Data
- MIME Type: application/pdf
- Language(s): EN-English
- Creation Date (from issuing agency): 12 2005
- File Modification Date On Web Server: Fri, 23 Dec 2005 20:19:28 GMT
- Document Modification Date (from issuing agency): 12 2005
- Date Accepted Into Depository: Mon, 19 Mar 2007 18:58:22 GMT
- Observed Length: 78583 bytes
- Checksum Algorithm: MD5 SHA1
- Document File Checksum:
- 20070125183726_1120stin.pdf - checksum='8936a765cf54160b3807842e3be99476' byte count= '78583'
- Web Address On Date Of Deposition: http://www.revenue.state.il.us/taxforms/incm2005/bus/small/1120stin.pdf
Other Results from the Document Acquisition System
- Accept Ranges: bytes
- Connection Parameters: Keep-Alive
- Entity Tag: 0-132f7-43ac5bd0
- Host Machine Dns Address: 163.191.201.132
- Keep Alive: timeout=15
- Observed Transfer Rate: 46.42 KB/s
- Retained U R L: www.revenue.state.il.us/1120stin.pdf
- Server Reported Date Of Transfer: Fri, 26 Jan 2007 00:35:05 GMT
- Server Response Code: HTTP/1.1 200 OK
- Server Specification: IBM_HTTP_SERVER/1.3.28.1 Apache/1.3.28 (Win32)
- Transfer Completion Localhost Time HHMMSS: 18:37:26
- Transfer Initiation Localhost Time HHMMSS: 18:37:09